Ziehl-Abegg focuses on continuity

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Joachim Ley
Chief Operating Officer Joachim Ley appointed CEO

The spirit of Ziehl-Abegg as a successful family business will continue to live on. So says Dennis Ziehl, Chairman of the Supervisory Board of the electric motor and fan manufacturer. Chief Operating Officer Joachim Ley, who has been with the company since 2021 and played an active role in shaping the company’s global growth, is now the new CEO of Ziehl-Abegg.

Ziehl-Abegg is a family business and will continue to be so in the future,” says Dennis Ziehl. “This DNA has been moulded by my family over more than 100 years and this will continue in the face of global change.” The Supervisory Board has therefore decided to hand responsibility for the entire Executive Board over to the successful Chief Operating Officer Joachim Ley. Ley, who holds a degree in industrial engineering, has been active as the company’s COO (Chief Operating Officer) since 2021. The experienced manager was also responsible for production, purchasing, central logistics and processes. Joachim Ley is 47 years old, married and has two children. After completing his studies, he took on various management positions in the operational area. Prior to joining Ziehl-Abegg, he was a member of the Board of Directors of a market-leading supplier to the aviation industry for many years. At that time, his life was already centred on North Württemberg.

With Mr. Joachim Ley (CEO), Mr. Wolfgang Mayer (CTO) and a successor for the position of CFO to be named as soon as possible, in future we will have an Executive Board comprising 3 members,” explains Chairman of the Supervisory Board Ziehl.

Ziehl-Abegg
Chairman of the Supervisory Board Dennis Ziehl (right) congratulates Joachim Ley as the new CEO of Ziehl-Abegg.

I would like to express my sincere thanks to Dr. Wucherer as CEO and Mr. Kanig as CFO for their work over the past years,” emphasizes Dennis Ziehl. Dr. Wucherer introduced a strategy for the future to make the company fit to compete on the global stage. “The path chosen for this purpose was and remains both right,” stresses the Chairman of the Supervisory Board.

In the five years of his tenure as CFO at Ziehl-Abegg, Olaf Kanig has shown great personal commitment in leading the area under his control and has been jointly responsible for the positive, value-adding development of the company. “We have been in talks with Mr. Kanig for some time now, he is making a change in career direction but will be available to us as CFO until a new appointment is made on the Executive Board,” explains Dennis Ziehl.

The Supervisory Board and I wish Dr. Marc Wucherer all the best and every success both for his future career and in his private life” says Dennis Ziehl.

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